Month: October 2021

Credit goes to AlMarai website As a guest of honour, the Kingdom of Saudi Arabia is taking part in the International Exhibition of Agriculture, Agricultural Machinery and Fishing SIAMAP 2021 in Tunisia from the 26th till the 31st of October 2021. The Saudi company Almarai participates in SIAMAP 2021 within the pavilion of the Kingdom. During its participation, the company displayed a wide range of high-quality food and beverages, ranging from fresh dairy products to yoghurt and cheese products, in addition to a variety of natural juices and infant formula. The company…

World Bank’s senior official said Wednesday that the institution is ready to continue the implementation of cooperation programs with Tunisia, TAP reported. World Bank Group’s Vice President for the Middle East and North Africa Ferid Belhaj made the remarks during a videoconference with Tunisian Minister of Economy and Planning Samir Saied. Belhaj noted the programs would help social and economic integration and support the small and medium-sized enterprises in Tunisia, adding that the World Bank continues to follow the economic and financial situation in the country. “The World Bank is…

A group of more than 100 European tourists on Tuesday visited Libya for the first time since the 2011 uprising that toppled the former regime, Global Times reports. The visitors entered Libya from neighbouring Tunisia and started their 12-day trip from Ghadames, a historic town in southeastern Libya. “The tourist group’s visit comes within the framework of the efforts of the Ministry of Tourism and Traditional Crafts to resume international tourism activities in Libya and change the stereotypical image of the country,” the ministry said in a statement. The visit…

The International Monetary Fund (IMF) has been in contact with Tunisian authorities after a new cabinet was formed last week and more talks are expected soon on the type of aid required by Tunisia, Middle East and Central Asia Department Director Jihad Azour said. Tunisia faces the risk of a debt restructuring after struggling to bring its high public debt and fiscal deficits onto a sustainable trajectory. “The IMF is closely monitoring the evolving political situation in Tunisia and IMF staff are engaging with the authorities at a technical level”,…

Tunisia Phosphate production reached 2.7 million tonnes in the first nine months of 2021 down from previous expectations of about 3.4 million tonnes, Gafsa Phosphate said on Tuesday Tunisia produced about 8.2 million tonnes of phosphate in 2010. That had dropped to 3.1 million tonnes last year and production is expected to be 3.7 million tonnes this year.  Tunisia was one of the world’s largest producers of phosphate minerals, which are used to make fertilisers, but its market share fell after the 2011 revolution. TunisianMonitorOnline

Entrepreneurial ecosystem in Tunisia: BUSINESSMED and Konrad-Adenauer-Stiftung join forces for economic recovery in the South Mediterranean region Organized on the 11th of October 2021 jointly by BUSINESSMED and Konrad-Adenauer-Stiftung Regional Program South Mediterranean, the workshop on post-COVID-19 economic recovery in the Southern Mediterranean region, brought together leading experts working in the region to provide an overview of the resilience to the crisis from a sectoral perspective and the implications for business as well as the latest recovery reforms and regional efforts deployed since the onset of the pandemic for better…